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•Those, who do not understand the differences between Monetary Sovereignty and monetary non-sovereignty, do not understand economics.
•Any monetarily NON-sovereign government — be it city, county, state or nation — that runs an ongoing trade deficit, eventually will run out of money.
•The more federal budgets are cut and taxes increased, the weaker an economy becomes. .
•Liberals think the purpose of government is to protect the poor and powerless from the rich and powerful. Conservatives think the purpose of government is to protect the rich and powerful from the poor and powerless.
•The single most important problem in economics is the Gap between rich and poor.
•Austerity is the government’s method for widening the Gap between rich and poor.
•Until the 99% understand the need for federal deficits, the upper 1% will rule.
•Everything in economics devolves to motive, and the motive is the Gap between the rich and the rest..
Are you religious? What are your criteria?
The heart and soul of most religions, and surely the Judeo-Christian religions, is compassion. It is the Golden Rule.
Are you religious?
Being religious is not measured by your rote knowledge of bible passages. Being religious is measured by your empathy for your fellow human beings.
Are you religious?
Being religious is not belief in, or fear of, an all-powerful spirit. Being religious is your concern for the human spirit.
Are you religious?
Someone asked Donald Trump, who claimed to be religious, to recite a bible passage. He couldn’t. Does that reveal he isn’t religious? No, it doesn’t.
Trump threatens to rip 11 million men, women and children from their homes, even children who legally are U.S. citizens, and ship them to Mexico.
It’s his utter lack of compassion, empathy and concern that reveals Trump isn’t religious.
Contrast this with the Pope’s remarks:
He urged Americans to embrace immigrants from Central and South America, saying they are only doing what anyone else would in their situation. He said their plight should invoke the Golden Rule and implored compassion from the U.S.
“This rule points us in a clear direction: Let us treat others with the same passion and compassion with which we want to be treated. Let us seek for others the same possibilities which we seek for ourselves.
“In a word, if we want security, let us give security. If we want life, let us give life. If we want opportunities, let us provide opportunities.
“The yardstick we use for others will be the yardstick which time will use for us,” the pontiff said, drawing a standing ovation from the assembled House and Senate.
Those were religious thoughts.
How ironic that those religious thoughts would receive a standing ovation from the House and Senate, the majorities of which do not believe in those thoughts at all. Quite the opposite.
Kentucky clerk Kim Davis sparked a national furor by refusing to issue marriage licenses to same-sex couples. (This) propelled her to folk hero status among some on the religious right.
Former Arkansas Gov. Mike Huckabee, a Baptist preacher running for president, rushed to Davis’ side, visited her in jail and held a religious freedom rally on the jailhouse lawn. Texas Sen. Ted Cruz also traveled to Kentucky to bask in her defiance.
Davis revealed that she decided last week to switch her allegiances to the Republican ticket.
Davis, who made the rounds this week on television news programs to defend her actions and tout her religious conviction, was invited to the event hosted by the Family Research Council, a conservative lobbying group, along with other “Christians who have been targeted for their religious beliefs on natural marriage.”
Is Kim Davis religious? Are preacher Mike Huckabee and Ted Cruz religious?
And Rick Santorum, who defends Kim Davis and is slated to speak at the “Marriage God’s Way” prayer rally at the Statehouse in Columbia — is he religious?
In my opinion, they are the least religious of people. They are hypocrites. Perhaps they have memorized bible passages. Perhaps they attend church weekly, daily or even hourly.
They have cloaked their lives in the mantle of religion. But they know nothing of religion. They know nothing of compassion. They have no empathy. They care nothing for the Golden Rule. They are heartless.
They are amoral judges of morality.
They are religionists, parroting selected lines from the bible, with no understanding of what the bible means. They claim to be Christians, but have no understanding of Christ.
If you receive government assistance in the state of Maine, (Republican) Lewiston Mayor Robert Macdonald thinks the public has a right to know about it.
In a Thursday column for the Twin City Times, Macdonald said a bill will be submitted during Maine’s next legislative session “asking that a Web site be created containing the names, addresses, length of time on assistance and the benefits being collected by every individual on the dole.”
He added: “After all, the public has a right to know how its money is being spent.”
Is Mayor Macdonald a religious man? If you paid taxes in Lewiston, would you want to know the name and address of every poor person who is “on the dole,” so you could stone their houses, and bully their children, and humiliate them all?
Mayor Macdonald believes the poor deserve such humiliation. In Macdonald’s mind, the poor are lazy slackers, who’d rather receive the pittance offered by the government, than to work for real money.
Macdonald does not care that some of the poor are sick and unable to work, while others, the working poor, have such low-paying jobs they still can’t afford to make ends meet without help.
Macdonald seems to believe poor children would rather eat junk food and live where the rich landlord won’t fix the toilets, than to lead better lives. He seems to believe poverty is the fault of the poor, and that the poor are not humans.
Macdonald delights in punishing the less fortunate. Is he a religious man? Do you agree with Macdonald?
Compassion for the poor, the hungry, the less fortunate, the stranger in your land is a necessary part of being religious.
Yet the self-proclaimed religious favor cutting Social Security for the elderly, cutting Medicare for the sick, cutting unemployment compensation for the poor, cutting food stamps for the hungry, evicting immigrants who came to us for rescue.
Even more damning, providing these benefits to the less fortunate costs us nothing. Our government is Monetarily Sovereign, producing money freely.
So now that you have read the test, you can decide. Are you a religious person, or are you a hypocritical religionist, cheering the Pope, but not meaning it, like Huckabee, Santorum, Trump and most of the U.S. Congress?
Rodger Malcolm Mitchell
Ten Steps to Prosperity:
1. Eliminate FICA (Click here)
2. Federally funded Medicare — parts A, B & D plus long term nursing care — for everyone (Click here)
3. Provide an Economic Bonus to every man, woman and child in America, and/or every state a per capita Economic Bonus. (Click here) Or institute a reverse income tax.
4. Free education (including post-grad) for everyone. Click here
5. Salary for attending school (Click here)
6. Eliminate corporate taxes (Click here)
7. Increase the standard income tax deduction annually Click here
8. Tax the very rich (.1%) more, with higher, progressive tax rates on all forms of income. (Click here)
9. Federal ownership of all banks (Click here and here)
10. Increase federal spending on the myriad initiatives that benefit America’s 99% (Click here)
The Ten Steps will add dollars to the economy, stimulate the economy, and narrow the income/wealth/power Gap between the rich and the rest.
10 Steps to Economic Misery: (Click here:)
1. Maintain or increase the FICA tax..
2. Spread the myth Social Security, Medicare and the U.S. government are insolvent.
3. Cut federal employment in the military, post office, other federal agencies.
4. Broaden the income tax base so more lower income people will pay.
5. Cut financial assistance to the states.
6. Spread the myth federal taxes pay for federal spending.
7. Allow banks to trade for their own accounts; save them when their investments go sour.
8. Never prosecute any banker for criminal activity.
9. Nominate arch conservatives to the Supreme Court.
10. Reduce the federal deficit and debt
No nation can tax itself into prosperity, nor grow without money growth. Monetary Sovereignty: Cutting federal deficits to grow the economy is like applying leeches to cure anemia.
1. A growing economy requires a growing supply of dollars (GDP=Federal Spending + Non-federal Spending + Net Exports)
2. All deficit spending grows the supply of dollars
3. The limit to federal deficit spending is an inflation that cannot be cured with interest rate control.
4. The limit to non-federal deficit spending is the ability to borrow.
THE RECESSION CLOCK
Recessions come after the blue line drops below zero.
Vertical gray bars mark recessions.
As the federal deficit growth lines drop, we approach recession, which will be cured only when the growth lines rise. Increasing federal deficit growth (aka “stimulus”) is necessary for long-term economic growth.